The Eko Electricity Distribution Company (EKEDC) recently cut off power supply to the University of Lagos (UNILAG) on August 27, 2024, due to unpaid debts exceeding N1 billion. Despite UNILAG's payment of N180 million for July, the institution still owed a staggering N1,035,197,446.43. EKEDC stated that the disconnection followed multiple engagements with university officials, including Vice-Chancellor Prof. Folasade Ogunsola, highlighting the seriousness of the situation. The university was moved from Band B to Band A tariff due to its average 23 hours of electricity supply, which has raised concerns among students who expressed frustration over the disconnection, as it significantly impacts their studies.
In light of the disconnection, EKEDC is exploring a phased repayment plan with UNILAG to address the outstanding debts. This situation reflects broader issues within Nigeria's electricity sector, where institutions struggle with high tariffs and unpaid bills, similar to the challenges faced by other electricity distribution companies across the country. The recent discussions about tariffs and the need for a cost-reflective pricing regime, as emphasized by the Minister of Power, Adebayo Adelabu, further complicate the landscape of electricity supply in Nigeria. [edf5625e]